- NAIROBI, Kenya, Sep 16 – President William Ruto’s economic adviser David Ndii has refuted claims that Adani Energy Solutions, an Indian conglomerate owned by billionaire Gautam Asani, is hiring new employees for the Kenya Electricity Transmission Company Limited (KETRACO). In a tweet posted on his…
- TOKYO, Sept. 15 (Xinhua) — Japan’s elderly population has surged to an all-time high by reaching 36.25 million, government data showed on Sunday. The figure marks an increase of 20,000 from the previous year, according to a report by the Ministry of Internal Affairs released a day before the…
- RIYADH, Sept. 15 (Xinhua) — The Saudi General Authority for Statistics announced on Sunday that the annual inflation rate in the kingdom reached 1.6 percent in August. The authority highlighted in a report that the percentage is primarily attributed to an 8.9 percent rise in the prices of housing,…
- NAIROBI, Kenya, September 14 – Researchers at Kenya Medical Research Institute (KEMRI) have revealed that lack of sustainable funding for both research initiatives and patient support are key barriers hindering progress in combating sickle cell anaemia disease in Kenya. KEMRI Wellcome Trust is…
- TURIN, Italy, Sept. 15 (Xinhua) — It’s far more beneficial for Europe to cooperate with Chinee automakers than just imposing tariffs on them, Italian auto industry professionals at the ongoing the 2024 Turin Auto Show have said. “Chinese electric cars offer not only high technology, but also high…
- NAIROBI, Kenya, September 15 – The Athi Water Works Development Agency has been ranked second on parastatal performance in a recent survey. The Kenya Trak Research Survey on parastatal performance said that the agency had an approval rating of 72.8 percent. The survey, which was conducted between…
- NAIROBI, Kenya, September 15 – The Athi River Works Development Agency has been ranked second on parastatal performance in a recent survey. The Kenya Trak Research Survey on parastatal performance said that the agency had an approval rating of 72.8 percent. The survey, which was conducted between…
- Nairobi, Kenya, Sept 15 – The MGallery Hotel Collection, which is part of French Accor Group, has expanded its footprint in Africa with the unveiling of the Gem Forest hotel, located in the city’s diplomatic neighbourhood of Gigiri. The move is part of the group’s ambitious expansion strategy in…
- NAIROBI, Kenya, Sep 14 – President William Ruto’s visit to Germany this week provides a unique opportunity for Germany to position itself as a global leader and support Africa’s ambition to meet its climate and development goals. The visit comes ahead of the Hamburg sustainability conference…
- NAIROBI, Kenya Sept 14 – East Africa’s asset financier, MOGO, has said that all loan repayments by clients would now only be made in Kenyan shillings. This move is intended to shield clients from forex rate market fluctuations. Mogo, which is finalising the development process that will allow its…
- SEP 15 – How much is too much for a caffeine fix? Prices like £5 in London or $7 in New York for a cup of coffee may be unthinkable for some – but could soon be a reality thanks to a “perfect storm” of economic and environmental factors in the world’s top coffee-producing regions. […]
- NAIROBI, Kenya, Sep 15 – Energy and Petroleum Regulatory Authority (EPRA) has cut a litre of kerosene by Sh3.43 to Sh158.32 after the average landed cost of import dropped by 5.3 percent to $668.34 per cubic meter. However, a litre of super petrol and diesel will remain unchanged at Sh188.84 as…
- SEP 14 – The US has proposed rules that would hit many low-value shipments from China with new taxes – a measure aimed at curbing the flood of packages from shopping sites such as Shein and Temu. The Biden administration said the plan was intended to stop “abuse” of an exemption that allowed…
- SEP 14 – Berlin has agreed to allow skilled and semi-skilled Kenyan workers into Germany in a controlled and targeted labour migration deal. Kenya is struggling with increasing difficulties in providing work and sufficient income for its young professionals, while Germany is facing a shortage of…
- NAIROBI, Kenya, Sep 14 – Kenyans in 19 counties are set to be connected to the Internet after the Communications Authority of Kenya (CA) announced yesterday that it will finance the laying of 2,500 kilometres of fiber optic cables. The project will gobble up Sh5 billion and target folks living in…
- SEP 14 – In a world where leadership dynamics are rapidly evolving, Marjorie Ngwenya, the author of Empowered Evolution, stands out as a beacon of inspiration. A trailblazer in her own right, Ngwenya’s experiences as a leader and a woman of African heritage have uniquely shaped her views on the…
- DAKAR, Sept. 14 (Xinhua) — The macroeconomic outlook for the rest of 2024 is expected to be “challenging” for Senegal, where economic growth projection is now lowered to 6 percent from 7.1 percent in June, the International Monetary Fund (IMF) said on Friday. “Real GDP growth was 2.3 percent in the…
- NAIROBI, Kenya, Sept 14 – TAAG Angola Airlines, the national carrier of Angola, has announced plans to commence cargo services to Nairobi, expanding its regional footprint. The airline confirmed the new route in an update, stating that the service will be rolled out in the fourth quarter of 2024,…
- NAIROBI, Kenya, September 14 – Coca-Cola has now revealed that over 2 million people in over 10 counties nationwide emerged winners in the Coca-Cola Kaching Ching na Coke promotion campaign. In a statement, Coca-Cola stated that the winners from Nairobi City, Kiambu, Machakos, Kajiado, Kericho,…
- SEP 13 – Learn how to easily download and install the Aviator game app on both Android and iPhone devices, including step-by-step instructions and system requirements. If the right steps are strictly followed, uploading the Aviator game app to your smartphone can be quite easy. Whether you are an…
- HAVANA, Sept. 12 (Xinhua) — Cuba on Thursday denounced the six-decade U.S. trade embargo as causing economic losses of more than 5 billion U.S. dollars between March 2023 and February 2024. A report, titled “Need to end the economic, commercial and financial blockade imposed by the United States of…
- NAIROBI, Kenya, Sep 13 – Heus Animal Nutrition Kenya, which is a local subsidiary of a German firm, plans to control 3.5 percent of Kenya’s animal feed market share by the end of this year. The company, which is currently building a Sh3 billion factory in Athi River, Machakos County, currently…
- NAIROBI, Kenya, Sep 13 – Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary (CS) Wycliffe Oparanya has promised to amend existing law to strengthen Sacco regulatory frameworks. The CS announced the government’s plan to introduce a new cooperative bill to…
- SEP 13 – PwC’s Chinese arm has been suspended from the country for six months over its work on the collapsed Chinese property giant Evergrande. The Big Four accountancy firm is also being fined more than $62m (£47m) after Chinese authorities said it had helped cover up fraud at Evergrande. The real…
- NAIROBI, Kenya, Sep 13 — In a move aimed at decongesting Nairobi’s bustling markets, traders from Muthurwa and Marikiti markets dealing in onions, potatoes, oranges, and pineapples have agreed to relocate to Kangundo Market. The decision follows a meeting Friday morning with Nairobi Governor…
- NAIROBI, Kenya, Sep 13 – Transport and Roads Cabinet Secretary Davis Chirchir had a challenging time on Friday responding to inquiries from senators on the government’s deal with Adani Limited concerning the takeover of Jomo Kenyatta International Airport (JKIA). Chichir who submitted important…
- SEP 13 – Germany’s Chancellor Olaf Scholz has repeated his defense of his government’s migration policy and stressed the need for the country to continue to attract skilled overseas workers, as the topic becomes an increasingly dominant issue in the country’s political discourse. A stabbing attack…
- NAIROBI, Kenya, Sep 13 – Counties across the country spent a total of Sh1.59 billion on Members of County Assemblies (MCA) sitting allowances in the fiscal year (FY) 2023/24. Data from the Office of the Controller of Budget shows this grew from Sh1.34 billion in the 2022/23 FY. However, the…
- SEP 13 – A small-scale farmer in northern Malawi, Emily Nkhana used to discard over-ripe bananas or just let them rot, but she has now found a profitable use for them – banana wine. Extreme heat was causing bananas to ripen too quickly, resulting in heavy losses for Ms Nkhana and many other farmers…
- Nairobi, Kenya, Sep 13 – Negotiations for the Sh1.1 trillion takeover of Jomo Kenyatta International Airport (JKIA) by Adani Limited, an Indian firm, have reached a critical stage with the outcome expected to have far-reaching implications in airport management. Documents presented before the…
- SEP 13 – I am in a high-end coffee shop in a tech-heavy area of San Francisco, staring suspiciously into a cup of expresso. This is no conventional coffee: it is made without using a single coffee bean. It comes from Atomo, one of a band of alt-coffee start-ups hoping to revolutionise the world of…
- SEP 13 – Boeing workers have gone on strike after they overwhelmingly rejected a tentative deal between union representatives and the plane maker that included a 25% pay rise. More than 30,000 workers – who produce planes including the 737 Max and 777 in the Seattle and Portland areas – downed…
- NAIROBI, Kenya, Sep 13 – Metropolitan National Sacco’s assets plummeted by 89.3 percent to Sh1.07 billion in 2023, according to a new report. This dramatic decline follows the revelation of a Sh12 billion loss uncovered by an audit. Data from the Sacco Societies Regulatory Authority (SASRA)…
- NAIROBI, Sept. 13 (Xinhua) — The seventh edition of the International Industrial Expo opened in Nairobi yesterday with senior officials and industry executives reiterating the call for enhanced commercial ties with China to hasten economic growth. Nearly 200 exhibitors, mostly from China, are…
- RIYADH, Sept. 13 (Xinhua) — The Global Artificial Intelligence (AI) Summit concluded its third edition in Riyadh, Saudi Arabia on Thursday, focusing on challenges in AI development and the technology’s potential benefits for humanity. The Saudi Data and Artificial Intelligence Authority (SDAIA)…
- NAIROBI, Sept. 13 (Xinhua) — Kenya’s economy is forecast to grow by 5.7 percent in 2024, up from 5.6 percent in 2023, according to a report released on Thursday by a government-owned think tank. The Kenya Economic Report 2024, launched by the Kenya Institute for Public Policy Research and Analysis…
- NAIROBI, Kenya, Sep 13 – Xbox owner Microsoft is to cut about 650 staff from its gaming division in a new round of job losses after its $69bn (£54.3bn) merger deal. The software giant said staff working in “mostly corporate and supporting functions” worldwide would be affected. It laid off 1,900…
- NAIROBI, Kenya Sep 12 – The idea for the startup “Sirius,” which gave birth to AFree, originated in Kyrgyzstan a year and a half ago. Afree app is a platform specifically designed for the African continent. Its entire branding, advertising campaign, and other elements are linked to Africa. Afree…
- NAIROBI, Kenya Sep 12 – African Originals, Kenya’s leading craft beverage producer, has officially joined the Bar, Hotel, and Liquor Traders Association (BAHLITA) as part of its strategic efforts to foster meaningful partnerships within the industry. Speaking at the Memorandum of Understanding (MoU…
- NAIROBI, Kenya, Sept 12 – The Office of the Data Commissioner has penalised Trident Insurance Company for non-compliance with data protection regulations. The data protection watchdog, in a letter, directed the insurer to pay Sh1.8 million as a fine for failing to implement critical data protection…
- RIGA, Sept. 12 (Xinhua) — Latvia’s parliament has adopted amendments to the Road Traffic Law, imposing a ban on the operation of vehicles registered in Belarus within Latvian territory. According to the national news agency LETA, the new law requires that all Belarusian-registered vehicles…
- NAIROBI, Kenya, September 12 – Outdated technology is a major challenge for Kenya’s healthcare system, a new report reveals, severely affecting the provision of high-quality medical care nationwide. Epson study highlights how lack of advanced technology, particularly printing technology, has…
- NAIROBI, Kenya, Sept 12 – USAID, Family Bank, and World Vision have pledged to bolster the training of young women in the construction sector under their flagship project Tumikia mtoto. The program, which has trained over 700 women so far, focusses on equipping young girls in Nairobi and Kiambu…
- SEP 12 – In a challenging economic landscape where a recent survey by credit firm Tala highlights that two-thirds of permanently employed Kenyans have turned to side hustles, street food vendors are carving out a vital niche for themselves. Leveraging TikTok, these entrepreneurs are not merely…
- NAIROBI, Kenya, Sept 12 – A new economic report from the Kenya Institute for Public Policy Research and Analysis (KIPPRA) has revealed that youth unemployment remains a big headache in Kenya’s arid and semi-arid regions. The report highlights sluggish labour absorption rates in both the public and…
- COLOMBO, Sept. 12 (Xinhua) — Moody’s Ratings has downgraded the government of Maldives’ long-term local and foreign currency issuer ratings from Caa1 to Caa2 and placed the ratings under review for a possible further downgrade, the rating agency said in a statement on Wednesday. In the statement,…
- NAIROBI, Kenya Sept 11 – The Kenyan government has secured a Sh8.53 billion (60 million euros) loan from KfW, a German development lender, to implement various financial programs and reforms. National Treasury Cabinet Secretary (CS) John Mbadi said that the fund will support Kenya’s fiscal reforms…
- TOKYO, Sept. 12 (Xinhua) — Japan’s transport ministry has conducted on-site inspections of Japan Freight Railway Company, or JR Freight, following allegations of the company’s data rigging during train assembly work. The Ministry of Land, Infrastructure, Transport and Tourism conducted the on-site…
- Nairobi, Kenya, Sept 12 – The Insurance Regulatory Authority (IRA) has refuted claims regarding the alleged closure of Directline Assurance Company Limited, following a news report aired by some media quotas. The regulator, in a statement, clarified that the issue surrounding Directline Assurance’s…
- NAIROBI, Kenya, Sept 12 – Kenya, with its burgeoning youthful population, is experiencing both the promise and challenges that come with this demographic shift. Among the most pressing issues is youth unemployment, a problem that has pushed many young Kenyans to seek alternative sources of income…
